Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Colostrum Market size was over USD 3.11 billion in 2024 and is poised to exceed USD 8.66 billion by 2037, witnessing over 8.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of colostrum is estimated at USD 3.33 billion.
The growth of the market can be attributed to the growing health awareness of consumers, increasing demand for fortified foods and supplements around the world, and rising usage of colostrum in cosmetic industry. The market for health and wellness food was calculated to generate a revenue of more than USD 766 billion in 2019. This amount rose up to approximately USD 790 billion in 2020. Furthermore, fortification of colostrum in infant formulas and probiotic yogurt is also expected to drive market growth in the upcoming years. In addition, escalating trend for sports and fitness coupled with increase in disposable income of people is also predicted to offer ample growth opportunities to the colostrum market in the near future.
Colostrum Sector: Growth Drivers and Challenges
Growth Drivers
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Increasing Health Awareness of Consumers Globally
- Growing Demand for Fortified Foods and Supplements
Challenges
- High Cost of Premium Quality Colostrum Products
Colostrum Segmentation
The colostrum market is segmented by product type into whole, skimmed and specialty colostrum powder, out of which, the segment for whole colostrum powder is anticipated to hold the largest share in the market on account of the fact that it provides better shelf life when used for the formulation of functional foods. Additionally, increasing use of whole colostrum for the production of beverages, snacks and nutritional bars is also assessed to boost the growth of this segment in the coming years. Moreover, on the basis of application, the cosmetics segment is evaluated to witness the highest growth during the forecast period owing to the benefits of colostrum such as skin moisturization, slowing down of ageing process, protection against bacteria and aid in skin irritation.
Our in-depth analysis of the global colostrum market includes the following segments:
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Customize this ReportColostrum Industry - Regional Synopsis
On the basis of geographical analysis, the colostrum market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa. The market in the North America industry is set to hold largest revenue share by 2037, impelled by presence of health-conscious population in the region. Along with this, large concentration of cattle farming facilities in nations, namely India, New Zealand and China is also anticipated to fuel the growth of the market in this region. According to the Stats NZ agency, the total dairy cattle numbers in New Zealand increased by 82% nationally between 1990 and 2019. In 2019, 6.3 million cattle were farmed in the country.
Companies Dominating the Colostrum Landscape
- NOW Health Group, Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Cure Nutraceutical PVT. LTD.
- KOEPON HOLDING
- Good Health New Zealand
- PanTheryx, Inc.
- Biostrum Nutritech Pvt. Ltd.
- Sterling Technology
- Biotaris B.V.
- Immuno-Dynamics, Inc.
- Cuprem Inc.
In the News
Author Credits: Parul Atri
- Report ID: 40
- Published Date: Dec 23, 2024
- Report Format: PDF, PPT
